Former U.S. President Donald Trump has hinted at the possibility of launching a fourth non-fungible token (NFT) collection.
In an interview with Bloomberg on July 16, Trump expressed his intention to launch another NFT series, citing public demand as the driving force.
“I’m going to do another one because the people want me to do another one,” he stated.
Trump’s foray into the NFT space has been marked by significant success. His inaugural collection, the Trump Digital Trading Cards, released in December 2022, sold out within 24 hours, generating $4.4 million in sales. The current floor price for these NFTs stands at 0.12962 ETH (approximately $454 USD), representing a remarkable 358% increase from the initial $99 price tag.
Subsequent releases have also performed well. The second series, launched in April 2023, now boasts a floor price of $134, a 35% increase from its initial cost. The third collection, “The MugShot Edition,” released in December 2023, currently trades at a floor price of $245, marking a 147% rise from its original price.
Reflecting on the success of his most recent “MugShot” collection, which sold out within a day, Trump noted the predominant role of cryptocurrency in sales. “I would say almost all of it was paid in crypto, in this new currency. And it opened my eyes,” he remarked during the interview.
Trump also emphasized the critical need for U.S. leadership in the rapidly evolving cryptocurrency industry. He described the sector as an emerging field where dominance by another nation, particularly China, could pose significant risks.
“It’s a baby. It’s an infant right now. But I don’t want to be responsible for allowing another country to take over this sphere,” he cautioned, noting China’s advancements in this area.
The former president also commented on the changing attitudes of traditional banking executives towards cryptocurrency. He pointed out the shift in stance of JP Morgan CEO Jamie Dimon, who had previously been critical of cryptocurrencies. “Jamie Dimon was, you know, very negative and now all of a sudden he’s changed his tune a little bit,” Trump observed.
This comment comes months after Dimon faced backlash from the crypto community for his harsh criticism during a Senate Banking Committee hearing in December 2023, where he suggested that if he were the government, he would “close it down.”
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